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- #88 The Weekly Nexus Newsletter: Power Up
#88 The Weekly Nexus Newsletter: Power Up
Youmio to Avalanche, Tokyo Beast, Igloo Inc. acquired..., Proof of Play x Ico Beast, Burwick Law, Trump's landmark crypto bill, and more news.

🎮 Web3 Gaming and Tech
Youmio announces it’s building an L1 on Avalanche
The AI Agent launchpad brought by the team building Today the Game (former name)

Tokyo Beast announced it is terminating the service of its game
Luca Netz shared that Igloo Inc. bought a company in December 2024
All we know for now is that it isn’t OpenSea
Ico Beast is joining Proof of Play as the “mindshare lead”
As a result, the PIRATE token rose by over 50%, before going down again

Amigo is the “Friend Tech of Abstract”
The app reintroduces the FT model, but with a different incentive structure
Kaito’s initial community offering (launchpad offer) is from the Espresso Foundation
Unfortunately, the terms were rather unfavorable, with a high FDV and long lock-up

Delabs announced they raised $17.2M in total, adding $5.2M to their funds
The $DELABS token launched today on Binance Wallet

🚀 Nexus V1 Launch
Welcome to edition #88 of the Nexus Power Up Newsletter. The market has turned sideways, but the opportunities are still there. Are you making the best use of it?

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📈Macro Cryptocurrency News
Anchorage Digital has teamed up with Ethena Labs to introduce the first GENIUS-compliant, federally regulated stablecoin, aiming to boost institutional adoption with enhanced security features.
Goldman Sachs and BNY Mellon have partnered to launch tokenized money market funds, aiming to bridge traditional finance and blockchain.
Donald Trump announced a massive $550 billion trade deal with Japan, promising hundreds of thousands of jobs and reciprocal 15% tariffs, boosting U.S.-Japan economic ties.
Burwick Law has expanded its RICO lawsuit to include Solana and Jito executives, alleging pump-and-dump schemes, with new filings.
PNC Bank and Coinbase have formed a strategic partnership to enhance digital asset solutions and expand banking services, marking a significant step in mainstream crypto adoption.
President Trump signed a landmark crypto bill into law, aiming to regulate and promote cryptocurrency adoption in the U.S.
Charles Schwab is set to launch Bitcoin trading, positioning it as a key growth driver for the firm, with plans unveiled in July 2025.
SEC Commissioner Hester Peirce indicated that the agency may consider an innovation exception for crypto, potentially easing regulatory hurdles.
Nasdaq filed with the SEC to add staking to BlackRock’s ETHA Ethereum ETF, aiming to enhance yields for investors.

🌟Token Spotlight by Hustle

Coin of the Week: ENA
Market Cap: ~$3.9B
What is Ethena? A DeFi protocol on ETH that introduced stable currencies like USDe and USDtb. Recently, a Nasdaq-listed company called StablecoinX announced a raise of $360M, with $260M allocated to purchase ENA tokens, supported by $60M from the Ethena Foundation. This creates an expected circulating supply decrease of almost 8%.
Delve into Hustle's market wisdom with his “Daily Watchlist” and deep-dive analysis available on the TTOO Discord server and through his “In the Game" show.

Nexus Tweets
Proof of Play's new "mindshare lead" is already great at his job:
— Nexus 👾 (@NexusLabsGG)
4:39 PM • Jul 24, 2025

